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Tesla is in debt largely because of their rapid ramp-up with costly investments in design, development, manufacturing and supply chain. My layperson understand

Tesla is in debt largely because of their rapid ramp-up with costly investments in design, development, manufacturing and supply chain. My layperson understanding is Tesla have been in a structurally profitable state for quite some time—but for their investments geared towards scaling up ever further. The question you need to ask is "if you build a factory, across how many units should the cost of that factory be spread?"

tertius 8y ago
> Tesla is in debt largely becaus Yes, massive debt with no income. Ambitious for sure.
- sjwright 8y ago
  That's right, because Tesla has famously never sold a single car to anyone.
- nwah1 8y ago
  4.5 billion in income this quarter, and has been rising consistently. They have a cash flow problem, not a revenue problem.